Combating Retail Theft and Fraud: The Power of an Integrated Security Platform

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May 14, 2024
10:00 AM PT / 1:00 PM PT

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Combating Retail Theft and Fraud: The Power of an Integrated Security Platform

May 14, 2024  10:00 AM PT / 1:00 PM PT

The latest retail loss trends are sobering:

  • Shrink has reached over $112 Billion in the U.S. (NRF)

  • External theft is the #1 source of shrink, closely followed by employee theft (NRF)

  • 48% of shoplifters are repeat offenders with 60% of shoplifters having visited two locations of the same retailer (LPM)

With an eye toward the rise in violent crime, organized retail crime (ORC), and eCommerce fraud, American retailers are ramping up and modernizing loss prevention efforts. As the cloud-based physical security leader, Verkada partners with regional, national, and global retailers to take on these challenges using the latest technology and a holistic approach, protecting over 1.9M retail employees worldwide. 

The results? Retailers using Verkada have accelerated investigations and reduced shrinkage by up to 50%. They’ve also apprehended repeat offenders and crime rings — and fostered closer collaboration with law enforcement.

Join this webinar to learn proven strategies from our retail customers, and discover how you can integrate them into your own loss prevention initiatives.